Anheuser-Busch InBev SA/NV ADR (NYSE:BUD) shares, rose in value, with the stock price up by 0.71% to the previous day’s close as strong demand from buyers drove the stock to $59.96.
Actively observing the price movement in the last trading, the stock closed the session at $59.54. The value of beta (5-year monthly) was 0.98 whereas the PE ratio was 23.07 over 12-month period. Referring to stock’s 52-week performance, its high was $67.00, and the low was $51.66. On the whole, BUD has fluctuated by -1.07% over the past month.
The company’s Forward Dividend Ratio is 0.82, with its dividend yield at 1.37%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.89, which is expected to increase to $0.85 for fiscal year $3.43 and then to about $3.95 by fiscal year 2025. Data indicates that the EPS growth is expected to be 12.50% in 2025, while the next year’s EPS growth is forecast to be 15.20%.
Analysts have estimated the company’s revenue for the quarter at $10.32 billion, with a low estimate of $10.32 billion and a high estimate of $10.32 billion. According to the average forecast, sales growth in current quarter could jump down -27.40%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $62.19 billion, representing an increase of 4.70% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that BUD’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of Hold while long term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 1.06, with the price of BUD currently trading nearly -1.60% and -3.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.01, while the 7-day volatility ratio is showing 1.03% which for the 30-day chart, stands at 1.06%. Furthermore, Anheuser-Busch InBev SA/NV ADR (BUD)’s beta value is 1.13, and its average true range (ATR) is 0.86.
A comparison of Anheuser-Busch InBev SA/NV ADR (BUD) with its peers suggests the former has fared considerably weaker in the market. BUD showed an intraday change of 0.71% in last session, and over the past year, it shrunk by -9.88%%.
Data on historical trading for Anheuser-Busch InBev SA/NV ADR (NYSE:BUD) indicates that the trading volumes over the past 10 days have averaged 2.34 million and over the past 3 months, they’ve averaged 2.21 million. According to company’s latest data on outstanding shares, there are 1.76 billion shares outstanding.
Nearly 0.00% of Anheuser-Busch InBev SA/NV ADR’s shares belong to company insiders and institutional investors own 5.52% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.27 million shares as on Mar 15, 2024, resulting in a short ratio of 1.35. According to the data, the short interest in Anheuser-Busch InBev SA/NV ADR (BUD) stood at 0.17% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 3.27 million. The stock has fallen by -7.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BUD stock heading into the next quarter.
